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Hdfc Life

Manager - Financial Reporting

2-6 Years
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Job Description

What are we looking for

  • Qualified Chartered Accountant (CA) with 3-4 years of post-qualification experience in Finance & Accounts.
  • Strong working knowledge of IFRS and Ind AS.
  • Experience of working in a listed company or a large public company is preferable.
  • Prior exposure to Big 4 accounting firms (as an article or employee) or experience with a large CA firm will be an advantage.
  • Knowledge of the Insurance industry and understanding of IFRS 17 Insurance Contracts is preferred.
  • Proficient in Microsoft Office tools and comfortable working on ERP systems such as SAP or Oracle.

Key Responsibilities:

  • Lead the Ind AS transition, including Ind AS 117 Insurance Contracts.
  • Perform GAAP assessment and analyze key differences.
  • Prepare GAAP impact analysis reports and documentation.
  • Manage projects related to accounting transitions and compliance.
  • Prepare Ind AS-compliant Financial Statements and perform detailed variance analysis.
  • Support the budgeting process, including analysis and reporting.
  • Create presentations and reports for the Board of Directors and Senior Management.

Education Qualification:

  • Chartered Accountant (CA) – Mandatory

Work Experience:

  • Minimum 2-4 years of relevant post-qualification experience.

Preferred Skills & Knowledge:

  • Strong analytical and problem-solving skills.
  • Good communication and stakeholder management.
  • Ability to handle tight deadlines and deliver quality work.
  • Knowledge of the Insurance sector and IFRS 17 will be an added advantage.

Role: Finance Manager

Industry Type: Insurance

Department: Finance & Accounting

Employment Type: Full Time, Permanent

Role Category: Finance

Education

PG: CA in Any Specialization

More Info

About Company

HDFC Bank was incorporated in August 1994 in the name of HDFC Bank Limited, with its registered office in Mumbai, India. The bank commenced operations as a Scheduled Commercial Bank in January 1995.
On April 4, 2022 the merger of India€™s largest Housing Finance Company, HDFC Limited and the largest private sector bank in India, HDFC Bank was announced. HDFC Ltd, over the last 45 years has developed one of the best product offerings, making it a leader in the housing finance business. HDFC Bank enables seamless delivery of home loans as a part of its wide product suite catering to urban, semi urban and rural India.
As of March 31st, 2023, HDFC Bank€™s extensive network comprised of 7,821 branches and 19,727 ATMs / Cash Deposit & Withdrawal Machines (CDMs) across 3,811 cities / towns. HDFC Ltd.€™s distribution network comprising 737 outlets, which include 214 offices of HDFC Sales Private Limited stands amalgamated into the Bank€™s network. The Bank€™s international presence includes branches in 4 countries and 3 representative offices in Dubai, London and Singapore offering Home Loan products to Non-Resident Indians and Persons of Indian Origin

Job ID: 108645197